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March 4, 2024
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I made less than $9,800. Why am I not getting the whole $600 for the Earned income credit?

  • March 4, 2024
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Best answer by xmasbaby0

Do you only have 1 W-2 that you entered? Go back and double check your entries for your W-2.  If you are seeing somewhere in the program that it says you made $9,800 and you actually made $6,300, it sounds like there is a type.  Go back to the income section and click on W-2, then edit and enter the correct numbers.  

 

Did you enter anything else on your return other than a W-2?


If you made $6300 your EIC would be about $484---see the table from the IRS Publication--start on page 27 for the tables

https://www.irs.gov/pub/irs-pdf/p596.pdf

 

And....did you have some other income besides the $6300?    Any other income at all?

2 replies

Employee
March 4, 2024

The amount of EIC is based on how much you earned from working---and it is calculated on a bell curve.   You do not necessarily get the "full" amount.

 

https://ttlc.intuit.com/questions/1899157-what-are-the-qualifications-for-the-earned-income-credit-eic-or-eitc

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
JohnB5677
March 4, 2024

The maximum credit for a single person with no children is $600.

You do qualify for the credit, but how much was your actual income?

The credit amount rises with earned income until it reaches a maximum amount, then gradually phases out.

 

 

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fysty11Author
March 4, 2024

I made $6,300.  They said I made more than $9,800.

March 4, 2024

Do you only have 1 W-2 that you entered? Go back and double check your entries for your W-2.  If you are seeing somewhere in the program that it says you made $9,800 and you actually made $6,300, it sounds like there is a type.  Go back to the income section and click on W-2, then edit and enter the correct numbers.  

 

Did you enter anything else on your return other than a W-2?

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